Question

if a 7 percent, $1,000 bond matures after ten years and current interest rates are 9 percent, the current price of the bond should not be

1> $1,000

2> $872

3> $1,140

a. 1 and 2

b. 1 and 3

c. 2 and 3

d. only 2

Answer

This answer is hidden. It contains 1 characters.